Company Reports

Citi 3Q21: Incremental Progress, Still Waiting for Bliss

Citi remains a work-in-progress waiting to regain the bliss of the Sandy Weill years. Still, CEO Fraser is attempting to rewire a company without credit, risk management, operational management discipline for the last 23 years. Ever since former CEO John Reed had to untangle that era's mess. Neutral on Stock, Sell on Bonds, Regulatory & Counterparty risks at Medium levels.

Industry Reports

GS 3Q21: Another Blowout Quarter, Is it on Steroids or HGH?

GS did it again as it retains its HR derby results in the big/bank sector. Economic earnings exceed Citigroup's and breathing down BAC's back. But how sustainable are these grand-slam quarters. We investigate and judge the "Aaron Judge" performer of the big bank pack. 

Topic/Theme Reports

Country Risk Chat: Biden, Xi, Energy & Lebanon

Dr. Scott MacDonald pays tribute to a true American patriot, former Secretary of State, General Colin Powell who passed away this week. Provides an update on the Biden Infrastructure Plan, U.S. supply chain challenges, China geopolitical pressures and domestic woes. Also, energy bullet points and the possible emergence of a new natural gas cartel.